Cutter Cow Cutout & Boxed Cow Beef Cuts - Afternoon

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LM_XB405
Des Moines, IA                 Fri, May 04, 2012                USDA Market News

NATIONAL 5-DAY ROLLING CUTTER COW CUTOUT AND BOXED COW BEEF CUTS
USDA ESTIMATE CUTTER COW CARCASS CUT-OUT VALUE - Negotiated Sales - Afternoon

Based on negotiated prices and volume of cow cuts delivered within 0-21 days
and on average industry cutting yields.  Values reflect U.S. dollars per 100
pounds.

                                   Cutter 90%
                                    350#/up
--------------------------------------------------------------------------------
Current-Cutout Value:               $177.21
Change from prior day:              ($0.46)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $226.50        $126.48       ($0.43)
100% lean inside round                      $281.43          $6.53       ($0.05)
100% lean, flats and eyes                   $273.44          $6.34         $0.01
100% lean, S.P.B.                           $256.68         $12.83         
Chuck Tender                                $235.63          $2.36         
Knuckle                   4-7 lbs.          $242.58          $6.14       ($0.01)
Tenderloin                2-3 lbs.          $450.09          $2.39         $0.01
Tenderloin                3-4 lbs.          $483.99          $3.58         
Ribeye Roll               4-6 lbs.          $250.63          $2.63         
Ribeye Roll               6-8 lbs.          $254.25          $1.88         
Ribeye Roll               8up lbs.          $244.63          $1.79         $0.01
Flank Steak                                 $282.05          $1.18         
Kidney, Edible                               $40.33          $0.19         
Fat, inedible                                $32.33          $0.75         
Bone                                          $8.90          $2.14         
--------------------------------------------------------------------------------
USDA NATIONAL BOXED COW BEEF CUTS - NEGOTIATED SALES   FOB Plant basis
negotiated sales for delivery within 0-21 day period.

CURRENT VOLUME - (one load equals 40,000 pounds)

Boner/Breaker Cuts                 36.30  loads --            1,451,895  pounds
Cutter/Canner Cuts                  7.42  loads --              296,925  pounds
Boner/Breaker/Cutter/Canner        26.53  loads --            1,061,390  pounds
100% Lean Items                    32.48  loads --            1,299,037  pounds
Frozen Cuts                         5.30  loads --              211,972  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              14   53,101   $272.71       $8.46
112   Rib, ribeye roll, 8-10 lbs.             46  172,970   $271.29       $0.21
112   Rib, ribeye roll, 10-up lbs.            50   71,987   $278.63     ($3.58)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      48  104,108   $334.45       $1.07
112A  Rib, ribeye roll-lip-on, 8-up lbs.      14   32,853   $299.19       $3.82
      Chuck, boneless 85%                     20  229,583   $221.96       $1.32
120   Chuck, brisket                          28   19,300   $210.13       $1.53
168   Round, top inside, 10-dn lbs.                     
168   Round, top inside, 10-up lbs.           35   89,894   $213.13     ($0.40)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     35  200,193   $259.18     ($0.21)
169A  Round, top inside c-off, 14-up lbs.     15   67,862   $262.16     ($1.18)
171B  Round, outside round                    12   69,138   $223.52       $0.28
171C  Round, eye of round                     52   52,084   $236.08       $0.48
      Loin, Semi-Bnls Short Loin, 13-dn lbs.            
      Loin, Semi-Bnls Short Loin, 13-up lbs.
180   Loin, strip, bnls, 7-9 lbs.                       
180   Loin, strip, bnls, 9-up lbs.             9   21,365   $208.10       $0.01
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  31   71,011   $225.03     ($0.85)
185A  Loin, bottom sirloin butt flap, bnls.   42  193,121   $251.29     ($0.86)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              46  124,130   $253.84     ($0.08)
112   Rib, ribeye roll, 8-up lbs.             20  172,795   $244.98       $1.41
100% LEAN
      Inside round - Combo                    31  280,840   $280.60     ($1.02)
      Inside round - Boxed                    38   50,569   $286.05     ($3.24)
      Outside round                           13   55,660   $267.26       $0.08
      Eye of round                            18   37,209   $276.66       $1.73
      Flats and eyes - Combo                  23  249,479   $274.34       $0.80
      Flats and eyes - Boxed                            
      Striploin                               47  186,575   $288.90     ($0.55)
      S.P.B. - Combo                          45  438,705   $256.68       $0.04
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     37  105,015   $235.63     ($0.11)
167A  Round, knuckle, peeled                  75  351,098   $242.58     ($0.46)
190   Loin, tenderloin, 2-3 lbs.              13   17,916   $450.69       $0.26
190   Loin, tenderloin, 3-4 lbs.              44   88,340   $484.42     ($0.92)
190   Loin, tenderloin, 4-5 lbs.             132  195,150   $520.26     ($2.06)
190   Loin, tenderloin, 5-up lbs.             50   58,004   $515.74    ($13.58)
193   Flank, flank steak                      97  115,561   $282.89       $0.59
      Flank, rough                            71  130,306   $232.50     ($1.22)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4    5,056   $253.89       $3.45
112   Rib, ribeye roll, 8-10 lbs.
112   Rib, ribeye roll, 10-up lbs.
112A  Rib, ribeye roll-lip-on, 8-dn lbs.       3    2,294   $252.19       
112A  Rib, ribeye roll-lip-on, 8-up lbs.
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.               
169A  Round, top inside c-off, 14-up lbs.               
180   Loin, strip, bnls, 7-9 lbs.                       
180   Loin, strip, bnls, 9-up lbs.                      
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.               9   17,820   $257.14       $0.65
112   Rib, ribeye roll, 8-up lbs.              4   55,152   $243.52       
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.
190   Loin, tenderloin, 3-4 lbs.               7    7,186   $478.77      $12.58
190   Loin, tenderloin, 4-5 lbs.               5   33,210   $478.51      $13.01
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak
--------------------------------------------------------------------------------
Source:    USDA Market News Service, Des Moines, IA
           515-284-4460      email:  desm.lgmn@usda.gov
           24 Hour recorded market information 515-284-4830
           http://www.ams.usda.gov/LSMarketNews
1530C

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